Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Daimler has partnered with Stuttgart Municipality of Germany and logistics company Hermes for long term testing under day-to-day city traffic. The electric trucks were produced under Fuso brand and they will be tested for one year. For ...
Tags: Electric Trucks, Daimler
Mercedes-Benz announced that its Breman plant in Germany will be producing the new GLC Coupe which was unveiled at the New York International Auto Show this year. The company said that it will transform 200 temporary jobs into ...
Tags: Mercedes-Benz, GLC Coupe, C-Class Cabriolet
Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...
Armanino Foods of Distinction reported record sales and profits for the fourth quarter and year ended December 31, 2015. Net sales in the fourth quarter were $9,044,580, an increase of 16% from the $7,793,293 posted in 2014's fourth ...
Tags: Armanino Foods, domestic markets
Rubicon Technology (Rubicon), a leading provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its second quarter ended June 30, 2015 and announced the signing of ...
South African paper and packaging firm Mondi has acquired 95% stake in a flexible packaging company KSP in South Korea. KSP operates a production plant in Seoul, in addition to having an interest in another plant in Thailand. Nearly ...
Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a ...
Tags: Dialog Semiconductor, Atmel, Acquisition
In order to shore up its topline and bottomline, clothing retailer American Apparel has announced the next phase of its strategic turnaround plan. “This plan includes a redesigned fall merchandise line, approximately $30 million in ...
Tags: American Apparel
Net profit at Spain based Inditex Group, the biggest global apparel marketer soared 28 per cent year on year in the first fiscal quarter ended April 30, 2015. In the three months to April 30, 2015, an Inditex Group press release, said its ...
Tags: apparel marketer, apparel
April's Chinese light vehicle results echoed previous concerns as sales of locally made models grew by as little as 2 percent from a year earlier to 1.91 million units. Leaving aside any discrepancies that might have risen from the timing ...
Tags: light vehicle, commercial vehicl
Coles has seen success but there is a lot more hard work ahead according to Managing Director John Durkan. Speaking at a strategy briefing day last week, Durkhan looked back on the wins and losses over the last year for the supermarket. ...
Tags: Coles, in-house brands
CGS, a leading global provider of business applications, enterprise learning and outsourcing services is participating at Texprocess in hall 4.0, booth E-07. CGS will showcase its BlueCherry Shop Floor Control system, which is designed ...
Tags: Bluecherry Product, Texprocess
The world’s biggest online retailer, Amazon.com reported a net loss in the first quarter ended March 31, 2014 as against net income in the corresponding quarter of 2014. Net loss in the first quarter of 2015 stood at $57 million or ...
Tags: Online Retailer, Amazon
After a slowdown in demand in the second half of last year in many parts of Europe, coatings companies in the region have become less confident about the short-term future. However, despite economic forecasts of relatively slow growth in ...